Finding Petroleum Forum Global Hotspots Future onshore hotspots David Bamford & Ivan Sandrea
This is only partly about the global search for shale oil and shale gas.. Our research suggests that estimated in-place unconventional resources for onshore basins may be >20 trillion boe Prospective basin for shale play Basin with Shale oil and gas production Source: Kimmeridge Energy, USGS, Advanced Resources International and Energy Information Administration (EIA)
20/05/2013 3..and only partly about geological themes Foreland Basins Peru, PNG, Foreland Assam, Myanmar, Indonesia, etc Intra Cratonic / Paleozoic Basins Brazil, Congo, FSU, India, Central Africa, Paraguay, etc Rift Basins Myanmar, East Africa, Cambodia, etc Deep onshore, subsalt plays Colombia, Angola, Caspian, etc Unconventionals/tight gas and oil Mexico, Brazil, China, Argentina
20/05/2013 4 What really unlocks new exploration?? : a result of political change: Mexico; Myanmar; Lebanon; Libya; etc : technology innovation: fracking ; gravity gradiometry; wireless seismic, micro seismic, etc s :? why shouldn t that idea work here: rift systems; fold belts; intra cratonic paleozoic basins, sub-salt; shale oil/gas, etc.
Source: USGS Myanmar Top Reasons why Myanmar Mesozoic-recent sediments with column thickness of over 10,000m onshore. Proven Neogene and Paleogene petroleum systems with both oil and gas prone kerogens with all petroleum systems intact. Palaeogene and Mesozoic sedimentary column onshore practically unexplored. Still huge potential remaining in exploration of Neogene oil prone areas, onshore. Huge scope in bringing in new technology for exploration and EOR of existing fields. > YTF 10 bn boe
Source: USGS Myanmar
India CAT. I (PROVEN COMMERCIAL PRODUCTIVITY) CAT. II (IDENTIFIED PROSPECTIVITY) CAT. III (PROSPECTIVE BASINS) CAT. IV (POTENTIALLY PROSPECTIVE) DEEP WATER AREAS WITHIN EEZ PRE-CAMBRIAN BASEMENT / TECTONISED SEDIMENTS 26 sedimentary basins 1.79 million sq km onland and shallow offshore
SE Asia Onshore, China China, India, Indonesia and Australia offer large shale oil/gas (multi-bn Boe) potential, in the top 20 countries outside NA Key basins are: Tarim (Cambrian, Ordovician, Carboniferous, Jurassic shales) Junggar (Permian lacustrine shales) Sichaun (Cambrian, Silurian, Permo-Triassic, Jurassic shales) Ordos (Paleozoic > Mesozoic shales) Songliao (Cretaceous lacustrine shales) Cooper (Permian shales) Canning (Ordovician); KG (Permian shales) Cambay (Upper Cretaceous > Tertiary shales) These same four countries also figure in the top 12 countries by size of Coal Bed Methane reserves
20/05/2013 9 Africa Onshore sag basins now being targeted Rifts basins opportunities largely taken already, secondary market mainly Competitive battle for sag basins and other non rifts plays New access to take place in 2013
Libya?
East Africa Oil Oil production Oil exploration Oil exploration / discoveries Oil exploration / discoveries Oil prospects Gas discoveries Sasol s Inhassaro Oil Field Oil exploration / discoveries
East Africa Oil Oil production Oil exploration Oil exploration / discoveries Oil exploration / discoveries Oil prospects Gas discoveries Sasol s Inhassaro Oil Field Oil exploration / discoveries
Mexico, onshore Source: DOE
Peru
Brazil focus onshore! Source: ANP, Bernstein
UK Onshore Source: UK
Source: Talisman Kurdistan
Russia (+ FSU) Onshore Russia, Kazakhstan, Turkmenistan and Ukraine offer large shale oil/gas (multi-bn boe) potential, figuring in the top 20 countries outside North America Key basins are: West Siberia (Bazhenov shale; Jurassic & Cretaceous shales; Lower Toarcian shales) Volga-Urals (Domanik shale) Timon-Pechora (Domanik shale) Amu-Drayu (Jurassic shales) Russia, Ukraine and Kazakhstan also figure in the top 12 countries by size of Coal Bed Methane reserves
Future onshore hot spots exploration list Myanmar Unconventionals: Russia Bazhenov shale (Exxon/Rosneft) Brazil (Petro Energia amongst others)? Argentina Oil in Africa: Kenya, Ethiopia chasing the rift system to the north Chad, CAR, Sudan data poor interior basins? Angola sub-salt onshore (maybe if we make a similar presentation next year!)